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• Q3: Consumer credit increased at a seasonally adjusted annual rate of 4 percent in the third quarter. Revolving credit decreased at an annual rate of 1-1/2 percent, while nonrevolving credit increased 6-1/2 percent.
• Month: In September, consumer credit increased at an annual rate of 5 percent. Source: Federal Reserve *Note: Nonrevolving credit can be used only once, such as with a car loan or student loan. Revolving credit can be used multiple times, such as with a credit card. |
08 November 2012
• U.S. Consumer Credit Expanded – September 2012
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